Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.80%
Stock 0.00%
Bond 98.04%
Convertible 0.00%
Preferred 0.00%
Other 0.16%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 1.10%
Securitized 0.00%
Municipal 98.90%
Other 0.00%
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Region Exposure

% Developed Markets: 98.04%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.96%

Americas 97.08%
94.45%
United States 94.45%
2.63%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.00%
United Kingdom 0.00%
0.00%
0.00%
0.00%
Greater Asia 0.95%
Japan 0.00%
0.00%
0.95%
0.00%
Unidentified Region 1.96%

Bond Credit Quality Exposure

AAA 5.75%
AA 43.33%
A 31.74%
BBB 11.08%
BB 2.85%
B 0.15%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.39%
Not Available 4.73%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.15%
Less than 1 Year
0.15%
Intermediate
12.96%
1 to 3 Years
0.83%
3 to 5 Years
1.37%
5 to 10 Years
10.76%
Long Term
86.88%
10 to 20 Years
35.40%
20 to 30 Years
50.42%
Over 30 Years
1.06%
Other
0.00%
As of November 30, 2025
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